Trade-In Question/Advice

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10-16-2007, 04:46 PM

#11

hhrcrafty

Banned

Join Date: 10-24-2006

Location: The Show-Me State

Posts: 1,761

Quote:

Originally Posted by rcsart

Is that like a personal property tax? If so then we do not pay this in Texas, thanks for addressing my question Crafty.

Sort of. You still have to pay sales tax on a car in Texas, but not personal property taxes every year. In other states, they simply rebate the current tax value of the old car off the sales tax for the new car. They may not be able to do that in Texas if there is no current tax value of the old car. Weird, eh?